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Question: Sold during the dip or still holding up
Yes,  i have sold mine
Still holding strong
Dont have btc
Planning to buy now
Waiting for the 25k mark before selling
Sold a little but i have bought more now

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Author Topic: Are you still holding your coins #btc  (Read 1906 times)
Kelvinid
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January 13, 2023, 11:01:17 AM
 #41


  
2023 is going to be another year of major speculation on the rate on when we are going to experience another bull run and eventually reaching another ATH.
 
2022 is a bloody year for crypto and 2023 might be the same. We can't expect the recovery will be easier and come fast as we are still facing the huge -market challenge - war and price inflation. I really don't want to think about negative this year but I couldn't forget also the previous bear season where it takes several years before we see the green color of the market. Of course, ATH is not impossible but if we think it comes this year, that is totally impossible.

Even though it takes so long to wait, I'm still holding no matter what.

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January 13, 2023, 11:33:14 AM
 #42

Neither have I sold any of my bitcoins in 2022 nor do I have any reason to sell them in 2023 either. I believe 2023 is still a bearish year, I will try to accumulate more and only sell bitcoin when bitcoin makes a new ATH or surpasses the old ATH of 2021. Bitcoin is recovering but I am pretty confident that this will be a small rally and it will fall again soon.

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January 13, 2023, 11:48:32 AM
 #43

Why do you think people would just sell their btc very cheap, for me 2022 was a year with lots of planning for investors to buy more, which i believe would be the least price we could find bitcoin again, and if time do not permits we can never see it at that cheap price anymore.
So therefore its very essential to hold till the next bull season because we all know another halving is around the corner, this could cause a greater height for bitcoin.

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January 13, 2023, 01:00:06 PM
 #44

I wouldn't dare sell of Bitcoin I bought when it was around thirty thousand dollars when the price has dropped drastically to $17000 that would be a big loss in my path so I chose to resist that urge and just keep hodling them. The ones I sold were the ones I realized when I converted some tokens I earned from airdrop to BTC.

I still hold my btc, but actually when I look at the market now I feel like selling, because the price of btc has increased quite well, but with all my might I will try to hold bitcoin until the btc price is more than 70000 dollars.I believe that the increase in bitcoin prices in 2023 is a good start.

I don't have any plan to sell those that I bought with my money until the price of Bitcoin gets to $120k only then will I be willing to sell them off. I Believe before 2025 it might have gotten there.

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Periodik
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January 13, 2023, 01:35:48 PM
 #45

2022 surely is a bloody year for Bitcoin and probably all portfolios, but it is never a wise idea to sell during a dip. That could be a trading strategy but make sure you know very well your analysis and know exactly what price you will buy back. If you are clueless about it, you better be hodling strong and just wait for the bounce back. There will always be that time. If 2022 is bloody, 2018 was bloodier. I was there and I survived. There's no way I can't now.

Year 2022 is  history now but it will be remembered as a very difficult year for crypto, as collapse of FTX and Luna  triggered massive sell-off across the board & many investors suffered  huge losses & some of them lost their life time savings. Additionally, the interest rate continued rising throughout the year due to high rate of inflation,  which had  also negative impact on all financial markets including crypto.

Hopefully, 2023 will be an improvement year over 2022, which is also evident from beginning of market recovery. Bitcoin is now trading above 18k which is a good news for crypto Investors & traders. Market analysts also expect a less harsh monetary policy in 2023 which is another positive factor.

This early I can guess the year 2023 is probably a better year than 2022. Every possibility is open but I remain hopeful that this year would see a better performance in the market. The signs are pointing that way at least. We are not guaranteed though.

The fall of Terra and FTX and others all happened in 2022. But it doesn't mean there are no more collapses this year. Gemini and Genesis as well as Binance, Crypto.com, Huobi, and others are probably dealing with some financial hardships. I hope the recovery of the market will continue so that all of them will also have better days this year.
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January 13, 2023, 02:06:08 PM
 #46

Honestly, I sell some of my Bitcoin but still have some left ready for the upcoming Bullrun. I wasn't thinking it was a bad decision because I did it for some reason, not of being worried about the future. Holding Bitcoin is the safest way this time and we do this normally when the bear season comes and sells when it was bullish. And we did this because we trust Bitcoin and we are certain that it will recover someday. The hopes can't be erased and this encourages investors to just buy Bitcoin and hold than choose altcoins.

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January 13, 2023, 02:29:28 PM
 #47

I am still holding strong. I will not sell it for $18,000 and not even $50,000. The objective is to hold for the long term, but if it reaches another all-time high, I might think about selling some. 

Additionally, I must purchase more bitcoin because I only have a few decimals at the moment. It is a pity that everything these days is so expensive that my bitcoin accumulation is hindered with my limited budget. By the end of the year, I hope to have one bitcoin.   

MEGA

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January 13, 2023, 02:31:42 PM
 #48

yes, 2022 is indeed a bad enough situation to be in. but there's nothing to do but hold on until bull season arrives. although some investors there will be quite a few of them who will give up some of their bitcoins due to unfavorable conditions.
all hoping for something better this year, we had quite a long bear season last year. and now the beginning of the year which is enough to give fresh air. hopefully, Bitcoin gets a long enough rally. this will be a remedy for those who remain with Bitcoin in their wallets.


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January 13, 2023, 02:45:10 PM
 #49


  
2023 is going to be another year of major speculation on the rate on when we are going to experience another bull run and eventually reaching another ATH.
 
2022 is a bloody year for crypto and 2023 might be the same. We can't expect the recovery will be easier and come fast as we are still facing the huge -market challenge - war and price inflation. I really don't want to think about negative this year but I couldn't forget also the previous bear season where it takes several years before we see the green color of the market. Of course, ATH is not impossible but if we think it comes this year, that is totally impossible.

Even though it takes so long to wait, I'm still holding no matter what.
I agree with you, I also think that 2023 will be another bloody year for the market, as the bear market won't end in such a quick and easy manner. As you can see through previous bear seasons, investors have started to get wiser, so I believe the market is beginning to become more unpredictable as well. Bitcoin has had a very good start this year, and people are starting to think about a bull run this year, so that makes me even warier.



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January 13, 2023, 03:08:19 PM
 #50

So am curious to know if everyone is still holding or have chicken out and sold theirs.
Fortunately, with the lesson that I learned before the bull run in 2021. I've managed to keep a few of them, it may not be big as what I've read from the other members here but still, I'm happy with this achievement of mine.
2022 was certainly full of challenges and if there's a market that's been challenged a lot, then that's bitcoin for sure. With all of those biggest collapses that has been reported, still, look at it right now and it's still alive and pumping.

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January 13, 2023, 03:34:29 PM
 #51

Based on my experienced, become holder and diamond hands is not good choose and better with using stop loss when trading or investing in Bitcoin or altcoin. I have enough experience after losing great opportunity when selling coin at higher price but holding make me blind and can't earn maximum profit after price dropping.

Use limit with how many percentage taking profit with your coins and don't forget with stop loss position due with your capacity how percent when price dropping. I won't become loyal when holding some altcoin or Bitcoin, better taking profit as soon possible and our money keep productive in daily day than become long term holding.

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January 13, 2023, 03:49:00 PM
 #52

I'm happy that the vast majority keep hodling, but I think the poll is missing an essential option for people who are traders, those who use Bitcoin for gambling, or those who occasionally sell/spend Bitcoin when they see fit. This option would be something like "I've continued to use/spend BTC regardless of the dip". I'd fall into this category, and I'm sure many others will as well. It's not about panic selling or selling everything, but it's not hodling either. I largely disregard the price when I can and focus on whether I need to spend money on something and whether I have enough fiat to get by without spending BTC. To me, Bitcoin is money, even though it unfortunately can't usually be spent directly.

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January 13, 2023, 03:57:29 PM
 #53

Based on my experienced, become holder and diamond hands is not good choose and better with using stop loss when trading or investing in Bitcoin or altcoin. I have enough experience after losing great opportunity when selling coin at higher price but holding make me blind and can't earn maximum profit after price dropping.

Use limit with how many percentage taking profit with your coins and don't forget with stop loss position due with your capacity how percent when price dropping. I won't become loyal when holding some altcoin or Bitcoin, better taking profit as soon possible and our money keep productive in daily day than become long term holding.

I disagree, if it's shitcoins there's nothing wrong with using stop losses because once bear season comes they have almost no chance of recovery. But if it is bitcoin, then stop loss is a waste because we will not know after stop loss bitcoin will increase or decrease after that, and bitcoin is always the only coin that will rise again after bear season is over.
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January 13, 2023, 09:28:02 PM
 #54

2022 was certainly a bloody year for bitcoin investors and many drama played out in the crypto space but all that said we have manage to cross the year successfully to 2023.
  
2023 is going to be another year of major speculation on the rate on when we are going to experience another bull run and eventually reaching another ATH.
 As 2022 was seen as a disastrous year for some bitcoin holders, it was also seen as an golden opportunity for new comers like me who missed out in buying when bitcoin was very low before it experienced a major rise in the year 2020. We have bought bitcoin now thats it price is very low and we are expecting to hodl it till when another bull run season comes hopefully we can see it reach another all-time-high.

So am curious to know if everyone is still holding or have chicken out and sold theirs.
Note ::get your coins off any exhange platforms if you are still on the hodl game
Never sold, and will buy even more. The only few times when I sold were not because of any dip or bear market, it was always about the fact that I had needs to sell for life emergency stuff regarding health, but aside from that for economical reasons or theoretical reasons, I am against selling bitcoin. Just because it is down right now doesn't mean that it will stay down, it will go up and it will do a lot better.

People should realize that bear markets are the times you buy, not the times you sell. Which is a difficult situation to be in, but that's fine, because we are talking about something that is rarely any issue at any point, it's a good situation to be in.

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January 14, 2023, 03:39:56 AM
 #55

Based on my experienced, become holder and diamond hands is not good choose and better with using stop loss when trading or investing in Bitcoin or altcoin. I have enough experience after losing great opportunity when selling coin at higher price but holding make me blind and can't earn maximum profit after price dropping.

Use limit with how many percentage taking profit with your coins and don't forget with stop loss position due with your capacity how percent when price dropping. I won't become loyal when holding some altcoin or Bitcoin, better taking profit as soon possible and our money keep productive in daily day than become long term holding.

I disagree, if it's shitcoins there's nothing wrong with using stop losses because once bear season comes they have almost no chance of recovery. But if it is bitcoin, then stop loss is a waste because we will not know after stop loss bitcoin will increase or decrease after that, and bitcoin is always the only coin that will rise again after bear season is over.
The only option is to hold on to bitcoins tightly and not sell them even if the price drops again and we can buy them back at a lower price than before.
If the bitcoin price is on the decline, preferably not trading by buying and selling as the profits may be small and only held until the price rises again can give you a big profit.
I'm still holding all my bitcoins but I'm also buying bitcoins again at yesterday's low because the bitcoin price will go up very high again.
But if someone decides to trade bitcoins or altcoins, it's up to them because it's their money and their decision.
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January 14, 2023, 04:42:47 AM
 #56

I guess most people here are still holding, because they are long term investors and adopters who are into bitcoin investment since the early years. Weak hands are usually people who don't have much experience with bitcoin and aren't interacting with the community daily, so they don't receive the advices of experienced enthusiasts who would surely tell them to keep holding, despite the poor market conditions, explaining them it has already happened before during another years and that at some point bitcoin will get strong again. Weak hands are mostly at social medias, following crypto gurus who don't even suggest bitcoin investment anymore, claiming they have found an altcoin which is going to return 1000x profit to investors. Tongue

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January 14, 2023, 05:49:37 AM
 #57

Honestly, I sell some of my Bitcoin but still have some left ready for the upcoming Bullrun. I wasn't thinking it was a bad decision because I did it for some reason, not of being worried about the future. Holding Bitcoin is the safest way this time and we do this normally when the bear season comes and sells when it was bullish. And we did this because we trust Bitcoin and we are certain that it will recover someday. The hopes can't be erased and this encourages investors to just buy Bitcoin and hold than choose altcoins.

If you sell bitcoin for personal use in life there is nothing wrong even in this bear season, or you bought bitcoins years ago when bitcoins were only a few thousand dollars, you can sell now because they have turned a profit for you. But if we can hold until bitcoin reaches 100k it will be great because profit will be bigger.

worle1bm
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January 14, 2023, 06:40:28 AM
 #58

I have sold some stash because of some emergency case back and it was dealing at around $28k at that time and my savings were also consumed so needed to take out some extra money out of it but holding the rest out of it tightly.The funds can be used at such times when we are in need of them but still I have invested little bit what I can afford after that so as to make it balanced again and keep doing so while keeping long term in my mind.

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January 14, 2023, 09:13:03 AM
 #59

2022 was certainly a bloody year for bitcoin investors and many drama played out in the crypto space but all that said we have manage to cross the year successfully to 2023.
  
2023 is going to be another year of major speculation on the rate on when we are going to experience another bull run and eventually reaching another ATH.
 As 2022 was seen as a disastrous year for some bitcoin holders, it was also seen as an golden opportunity for new comers like me who missed out in buying when bitcoin was very low before it experienced a major rise in the year 2020. We have bought bitcoin now thats it price is very low and we are expecting to hodl it till when another bull run season comes hopefully we can see it reach another all-time-high.

So am curious to know if everyone is still holding or have chicken out and sold theirs.
Note ::get your coins off any exhange platforms if you are still on the hodl game

2022 was one of the hardest years ever for the people who hold bitcoin and other similar assets and mostly because of the bear market people sold all their bitcoin and other cryptocurrencies however this could be a wise move to sell bitcoin before the bearish market and then buyback to get profits but still the most important thing about bitcoin is you can still take profits if you hold for long term and wait for the new all-time high. I personally sold all I got during this time and still waiting for a time to buy back.

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January 14, 2023, 10:00:52 AM
 #60

My goal is to sell bitcoins for $100k so I haven't sold any of my bitcoins yet. 2022 is a difficult year economically due to inflation, war but I still work hard and use part of my salary to buy bitcoin. So even though the prices are turning positive, I still won't sell them, I continue to wait for the real bull season and bitcoin to hit my target.
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